Uncertainty over domestic energy policy and a failure to capitalise on Aberdeen and the wider UK’s potential are hindering the country's efforts to become a world-leader in the energy transition, Vysus Group CEO says.
As we near the end of 2023 with energy transition at the fore of the COP28 conference, it is a good opportunity to reflect on current actions being taken to reach net zero.
The North Sea Transition Authority (NSTA) has mooted plans for a new industry levy to help fund its oversight of the carbon capture and storage (CCS) sector.
No CO2 has been sequestered, no FID has been taken and no commercial scale projects are in operation. At the event, speakers set out their hopes for projects to reach FID by this time in 2024.
A new report on UK carbon capture and storage (CCS) progress finds its ample pipeline and sound ambition could yet be undermined by the risk of delays and cancellations.
Oil and gas companies must let go of the “illusion” of “implausibly large” carbon capture solutions, reduce their fossil fuel production and invest more in clean energy to align with international climate goals, the International Energy Agency (IEA) has said.
A new report from Xodus has found around 100 North Sea reservoirs will be needed to meet UK demand for carbon capture utilisation and storage (CCUS) by 2050.
Sumitomo Corporation subsidiary SEEL agrees farm-in for 50% share of Carbon Catalysts 20% interest in the CS017 and CS018 licences, subject to regulatory approval.
A new report finds that the UK’s carbon capture and storage (CCS) capacity is likely to fall short of 2030 targets and complains of ‘disproportionate’ support for blue hydrogen schemes over electricity generation.
Iona Capital has acquired a stake in Carbon Capture Scotland Limited (CCSL), as the firm looks to reach a 1 million tonne-per-year storage target by 2030.
Centrica Plc boss Chris O’Shea is on a mission to show the UK government that it needs to rapidly speed up carbon capture projects, which could become crucial if the country is to reach its net zero ambitions.
Geng North is thought to hold around 5 trillion cubic feet of gas and 400 million barrels of condensate. Eni sees the Kutei Basin becoming a “new world class gas hub”.
“With our European neighbours we could have a pipeline of green hydrogen to provide a clean fuel stock to German industry and coming back the other way carbon to the UK [for storage],” he said.
Eni has reached an agreement in principle with the UK Government over the regulatory framework which will govern its HyNet carbon capture and storage (CCS) project in the UK.
Aberdeen-based energy services firm Three60 Energy has announced it will acquire fellow Scottish firms Pryme Group and Flexlife, creating a £200 million revenue business.
BP (LON: BP) has hit a key milestone ahead of reaching a final investment decision on the Northern Endurance carbon capture and storage (CCS) project in the UK.
There has been “no signal” that the UK Government’s £20bn of planned funding for CCS would be at risk following a general election, said a leading trade body.
Local leaders and international influencers gather in Aberdeen for Energy Voice's inaugural Women In New Energy conference celebrating the critical role women have in shaping the future of the energy sector.